Bitcoin Media Mind Joins Flux Advisory
Flux Protocol, a distributed network for environmental data collection, storage and intelligence, is proud to announce that Bitcoin media pioneer David Bailey, the CEO of BTC Inc., will join the company’s board of advisors.
“At BTC, we are creating an ecosystem of companies around a media empire,” says Bailey. “In the constellation of the environment and earth’s resources, we are certain that Flux and its protocol can lead, build and mobilize the right infrastructure to align all the goals of planet and people. Once people, researchers, governments and companies start collaborating in a way they have never done before, we can create abundance without limitation.”
As the first dedicated media outlet for digital currency, BTC Inc. has been providing mission-critical intelligence since 2011 to hundreds of companies, from Fortune 500 corporations to leading Silicon Valley startups. The firm is responsible for the leading crypto brands such as Bitcoin Magazine, Distributed, Coin Cart, and Po.et to name a few. BTC Inc.’s insights provide context, connections and relationships to drive blockchain innovation forward in meaningful ways for business and society, and now Flux.
Recording Earth’s Neural Networks
Flux Protocol has developed a patented IoT hardware sensor which acts like stethoscope for the natural world by listening to planet in order to harvest its data. The data collected by these sensors enables Flux’s proprietary artificial intelligence, a Perception Engine, the ability to solve some of humanity’s largest challenges such as hunger, climate change, and species extinction. Their solution is providing a patented hardware solution coupled with open-sourced AI software running on a distributed blockchain-powered community.
This environmental data is relayed through a distributed storage system to derive real-time insights and actions at a user’s request. Bailey loves the idea that “Flux’s unique storage system requires no heavy traffic, memory consumption or heavy computing while simultaneously referencing newly created data to the blockchain via a shadow signature,” he says.
Alternatively, Flux’s distributed intelligence harnesses computing power to drive neural nets that generate insights and actions by measuring the use and quality of relevant environmental data.
Exploring New Frontiers to Sustain Life
Blockchain technology has always been about solving coordination problems in decentralized communities — and the FLUX Protocol is one of those ideas that resonates with the disenfranchised crypto crowd, wanting to reorganize imbalanced power and the share of resources: “how can we get actors to perform work that makes everybody else in the network better off? Flux brings this promise to the agricultural industry with incentives to contribute data, purchase valuable recipes and insights, or launch their own “realm-specific” AI. Every business that depends on environmental data to drive their decision-making will be able to capture more value because of the FLUX Protocol,” says Bailey, adding:
“Blockchains enable individuals who can’t or don’t trust each other to coordinate and collaborate, enabling all people to participate while capturing the value that they create. Flux will help growers reap the full value of their work.”
“The real value is in insights derived from harvested data and correlations one can draw across realms,” said Blake Burris, the CEO of Flux, comparing the Flux mission to early explorers of the earth, and now space. It resonates with crypto investors: “These are smart and eager people who want to do more than just invest in a new economy. They seek to be present in creating a new world order where we can collect data and automate key processes that sustain life on this planet.”